Record 150 Billion SHIB Sent by This Anon Wallet, But There's Catch

Nearly $1.7 million worth of Shiba Inu has been sent anonymously, here's where

Mon, 3/10/2022 - 15:32

Record 150 Billion SHIB Sent by This Anon Wallet, But There's Catch

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Moving 150 billion SHIB, selling almost 1 trillion
SHIB remains top held asset in USD

More than 10 hours ago, a staggering amount of 150,000,000,000 Shiba Inu meme coins was transferred from an anonymous address. Data from Etherscan shows the destination of this massive lump of SHIB coins.

Another big amount of Shiba Inu was sent just a couple of hours ago – 73,084,292,466 SHIB.

Moving 150 billion SHIB, selling almost 1 trillion

The hefty amount of meme crypto was shifted from the anonymous wallet 0xcffad3200574698b78f32232aa9d63eabd290703 to an address on Crypto.com exchange, apparently to be sold.

The sending address still contains 23,960,793,824,370 (23.9 trillion) Shiba Inu evaluated at $266,444,027.

Over the past month, this whale has moved several massive lumps of SHIB to Crypto.com: 160,000,000,000, 160,000,000,000; 200,000,000,000; 150,000,000,000 and 160,000,000,000 Shiba Inu – 830 billion meme coins in total, according to Etherscan.

shibcryptosold_00q3243t9589uige4567 — *Image via Etherscan*

Together with today's 150,000,000,000 SHIB transactions, this adds up to 980 billion meme coins.

As for the 73 billion chunk, it was staked in the Uniswap exchange pool.

Whale alert 🚨: 150,000,000,000 $SHIB transferred.
check details 👇🏻 https://t.co/jIJbKh6fLK
— ShibaPlay (@shibaplay_) October 3, 2022

Mysterious SHIB Wallet Burns 40 Million Meme Coins, Here's Who Removed These SHIB

SHIB remains top held asset in USD

According to WhaleStats' website, the second largest meme token by market capitalization, Shiba Inu, still holds the position of the biggest holding in USD value.

As of now, the top 100 whales on Ethereum own $135,337,214 worth of this meme coin. This comprises 5.4% of these whales' portfolios.

#Shiba Inu (SHIB) News #Cryptocurrency Whales #Meme Cryptocurrencies

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.